Liquidity Trap Expecting Significant Gap Down Shortly..
3 - 4 attempts and breaking the range higher, Bulls must let go and let this down. They are vapor-locking the engine on no volume and it's gonna sputter out.
Monthly Put contracts are expired, and by holding this high its Theta burned out the shorts (making it cheap to bring the market down for the MM.
(Short on Open with 1/4 shorting pot with 7 day contracts 2 bars out of the money, and increase short on ramp up to 1/2 shorting pot. - This is my trade move on this.
If this ramps up before lunch (expecting) they are DOUBLY going to drop it, and it's a standard tactic before drops to shake out the shorts..
Monthly Put contracts are expired, and by holding this high its Theta burned out the shorts (making it cheap to bring the market down for the MM.
(Short on Open with 1/4 shorting pot with 7 day contracts 2 bars out of the money, and increase short on ramp up to 1/2 shorting pot. - This is my trade move on this.
If this ramps up before lunch (expecting) they are DOUBLY going to drop it, and it's a standard tactic before drops to shake out the shorts..
Komen:
Close shorts around $268 / 268.50..